Tilray stock is moving up slightly in Wednesday’s trading session after Tilray Inc (NASDAQ:TLRY) announced the acquisition of United Kingdom-based boozy candy company Smith & Sinclair.
Key Acquisition and AnalysisOver the past year or so, Tilray has emerged as one of the more important companies in the growing marijuana industry, and late Tuesday, the company made a significant announcement. In a new development, the company has managed to acquire United Kingdom-based boozy candy company Smith & Sinclair.
Smith & Sinclair is involved in the manufacturing of cocktail treats. This acquisition is going to ...
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